Hi
We are purchasing a plot from a party. That plot was purchased by Father on Son's name 25 years before.
Now Son doesnot want him to be paid for the sale as the money will go to his father.
He doesnot want to pay tax and capital gain for the sale value for which his not his money.
Is there any provision that Son can register the property to us but we and bank ( we are availing loan to purchase the plot) will pay the DD to Father directly?
Regards
Hari
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